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Benefits of outsourcing

There are many benefits of outsourcing. One of the most important advantages is the cost which results in providing lower cost services to the American public. It is true that the salaries are substantially low compared to what they get in US but it is also true that the ratio of cost of living to the salaries is almost the same in US as well as the outsourced countries. The second advantage is the time factor. Let’s take an example of financial analyst or a programmer. A programmer at the other end of the world can continue the work of his US partner or a financial analyst in India can analyze the US market and make the report ready for…